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Lesson
It is noted that the project analysis tended to focus on supply-side interventions with inadequate attention to thedemand side. The assumptions and risks identified in project design mention the assumption that external degree students will recognize the quality and convenience of Distance Education Partnership Program (DEPP) distance learning, but all other assumptions and risks focus on supply-side issues. In a market intervention of this kind, both supply and demand need equal attention.

Project Number: 33251-013
Project Name: Distance Education Modernization Project
Report Date:
Lesson
Any conduit institution for a credit facility needs to undergo a thorough due diligence in terms of its lending policies and procedures, and that key players (i.e., NDB and NDTF) must be required to participate in stakeholder consultations so that a credit facility can be designed realistically based on market demand and actual experiences of lending agencies.

Project Number: 34318-013
Project Name: Aquatic Resource Development and Quality Improvement Project
Report Date:
Lesson
No new lessons.

Project Number: 36357-013
Project Name: Financial Markets Program for Private Sector Development
Report Date:
Lesson
In the context of Sri Lanka where the areas of reform are complex, the use of a sequenced approach to reforms would have been more appropriate.

Project Number: 34320-013
Project Name: Rural Finance Sector Development Program
Report Date:
Lesson
Adequate assessment of institutional capacity of implementing agencies at formulation would have been needed to effectively address constraints.

Project Number: 34320-013
Project Name: Rural Finance Sector Development Program
Report Date:
Lesson
Government commitment and buy-in is important in a reform program such as Rural Finance Sector Development Program. There should have been strong commitment of the government and stakeholders to develop the sector and achieve sustainable rural finance.

Project Number: 34320-013
Project Name: Rural Finance Sector Development Program
Report Date:
Lesson
Baseline data are important. During conflicts, data change: infrastructure is destroyed and people are displaced. Monitoring surveys are difficult to conduct because of restricted access. The project management unit failed to expand the management information system to assess subproject impacts, the absence of which made postproject evaluation difficult.

Project Number: 36601-013, 36601-023, 38111-013
Project Name: North East Community Restoration and Development Project
Report Date:
Lesson
Most contracts were relatively small and within the competence levels of local contractors, especially relevant in the difficult conditions for access and supply that applied during and after the conflicts. Use of local contractors, instead of outside companies, strengthened local ownership and avoided aggravating community and ethnic tensions.

Project Number: 36601-013, 36601-023, 38111-013
Project Name: North East Community Restoration and Development Project
Report Date:
Lesson
Implementation is difficult in the fluid security conditions of conflicts and their aftermath. However, staff members were motivated by the evident need for their services, as well as by pressure from both sides in the conflict to address basic infrastructure in all areas.

Project Number: 36601-013, 36601-023, 38111-013
Project Name: North East Community Restoration and Development Project
Report Date:
Lesson
The North East Community Restoration and Development implementation structure, including the delegation of responsibility to a provincial project management unit and the inclusion of all stakeholders in the provincial project coordination committee subproject selection process, was effective in implementing restoration activities. It provided a model for coordination between central, provincial, district, divisional, and local government, and encouraged cooperation with other agencies and minimized duplication of agencies' work.

Project Number: 36601-013, 36601-023, 38111-013
Project Name: North East Community Restoration and Development Project
Report Date:
Lesson
Importance of a strong commitment and ownership of the government to a reform and capacity building program such as the SMESDP.

Project Number: 33246-013
Project Name: Small and Medium Enterprise Sector Development Program
Report Date:
Lesson
Delay in ADB's internal business processes, including the disbursement of withdrawal applications, often frustrates smooth implementation progress. Timely disbursement is critical, especially for financial intermediation loans, because financial institutions set the subloan interest rate based on the relending rate from the government and approve subloans to final borrowers only after they receive refinance from the government. Project administration requires closer attention to efficient and timely disbursement and other internal business processes.

Project Number: 36117-013
Project Name: Small and Medium Enterprise Regional Development Project
Report Date:
Lesson
Small and medium enterprises (SMEs) generally suffer capacity constraints and lack skills in business development, marketing, planning, human resource management, and other business skills, which makes them less bankable. Had it been done, the capacity development technical assistance would have provided necessary skills training and improved the capacity of borrowing SMEs. Sri Lanka's Credit Information Bureau also covers SMEs.

Project Number: 36117-013
Project Name: Small and Medium Enterprise Regional Development Project
Report Date:
Lesson
ADB's Financial Sector Operational Plan supports the market-based pricing approach and stipulates that projects involving credit lines need to be designed to strengthen the capacity of financial institutions intermediating the credits and such a project should comply with the Operations Manual (D6) to avoid undermining the commercial incentive for the participating financial institutions to competitively mobilize finances and distorting the credit and interbank market.

Project Number: 36117-013
Project Name: Small and Medium Enterprise Regional Development Project
Report Date:
Lesson
It is prudent for ADB to consider alternative fuels when appraising the cost and benefits of oil-fired generation plants. Alternative fuels consist of renewable energy sources and thermal fuels, including clean coal options. Private sector support to the power sector is optimized with a comparative analysis of real fuel options.

Project Number: 34912-014
Project Name: AES Kelanitissa Power Project in Sri Lanka
Report Date: